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Dec 28, 2012
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they avoid the fiscal cliff. we are talking about over $607 billion worth of money taken out of the economy next year. lou: i just want to put up the next cartoon that we have. it matters not which one you select. but this is one of my favorites. the debt commission saying it is very difficult. is very complicated and then cut spending. i don't think you could have cut better on to the essence of the issue. the absurdity creating obstacles to that relution in washington d.c. >> but the problem here is that frankly there is a fine and out of capital that can be used up their divided either in the private sector which creates businesses and jobs and federal revenue or given to the government which is just a bureaucracy ad creates nothing but burearatic management. if you look at the lt gop congress and the expenditures, about two and half trillion dollars and now the president's proposals are about 4 trillion in spending with deficits and increased. it is the economy. lou: it truly is. and i want to also if we may
they avoid the fiscal cliff. we are talking about over $607 billion worth of money taken out of the economy next year. lou: i just want to put up the next cartoon that we have. it matters not which one you select. but this is one of my favorites. the debt commission saying it is very difficult. is very complicated and then cut spending. i don't think you could have cut better on to the essence of the issue. the absurdity creating obstacles to that relution in washington d.c. >> but the...
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Dec 30, 2012
12/12
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. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up and we're seeing signs of recovery in housing and employment numbers improving. so what congress needs to do first and foremost, is to prevent taxes from going up for the vast majority of ameri
. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act,...
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my next guest is concerned that we are going over the fiscal cliff. he ys, president obama seeminglyis intent onpressing his post-election advantage to win tax increases on the wlthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, form member of thefinancial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff. >> i think their is a re danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is possible, but i have to ask you, urely the republicans have to understand and had to understand six months ago what what transpired in this lame dk ses
my next guest is concerned that we are going over the fiscal cliff. he ys, president obama seeminglyis intent onpressing his post-election advantage to win tax increases on the wlthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, form member of thefinancial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff....
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Dec 30, 2012
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so they always say it's the other guy who wants to go over the fiscal cliff. i don't hear people going out and saying i think it's a good idea that everyone pays more taxes or there are these deep spending cuts. they're all pretending like they know everyone else's strategy. it's about coming to a yes as opposed to agreeing to a no. that's where they don't want to take the heat. >> richard wolf, always good to see you, my friend. thanks. >> thanks, chris. >> the real victims of the fight will not necessarily be republicans or democrats, of course. it's going to be the american people. we talked to bernie sanders about those 2.1 million people on unemployment. we'll look at what going over the fiscal cliff will actually mean to you. our special coverage continues in just a moment. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> welcome back to msnbc's c
so they always say it's the other guy who wants to go over the fiscal cliff. i don't hear people going out and saying i think it's a good idea that everyone pays more taxes or there are these deep spending cuts. they're all pretending like they know everyone else's strategy. it's about coming to a yes as opposed to agreeing to a no. that's where they don't want to take the heat. >> richard wolf, always good to see you, my friend. thanks. >> thanks, chris. >> the real victims...
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Dec 26, 2012
12/12
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so it really is up to the government to do better and to resolve this fiscal cliff. in terms of who the next fed chairman's going to be, we don't have a sense on that. we think bernanke has done a masterful job, and we really do like him in this position. >> david katz, thank you very much for your time. >> thanks a lot. >>> that wraps up this special boxing day edition of "worldwide exchange." i'm seema mody. >> i'm jackie deangelis. it was great to be here with you this morning. don't forget to tune in to cnbc.com every tuesday and thursday at 1:00 p.m. eastern for my show, "futures now." "squawk box" is up next. >> have a great morning. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you n
so it really is up to the government to do better and to resolve this fiscal cliff. in terms of who the next fed chairman's going to be, we don't have a sense on that. we think bernanke has done a masterful job, and we really do like him in this position. >> david katz, thank you very much for your time. >> thanks a lot. >>> that wraps up this special boxing day edition of "worldwide exchange." i'm seema mody. >> i'm jackie deangelis. it was great to be here...
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Dec 28, 2012
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despite what steve might tell you watching fiscal cliff nonsense in washington can make you feel powerless. our next guest is here with the tips on how to make -- take some of you power back. joining us is rick newman, chief business correspondent for "u.s. news & world report" and author of "rebounders." so tell us, what can the average person do to sort of thwart against the realities of the fiscal cliff? >> my first tip is just relax. it's not going to be armageddon right off the bat. i mean, it is worth pointing out we hear the humongous figures like $500 billion in tax increases and stuff like that. most of those will not affect people until it's time to fill out the tax returns and won't happen until 2014. say the tax rates go up, the government is not going to automatically withhold more money from the paycheck and the tax rates can be in effect for most of the year. we hope they're not but congress could rescind them toward the end of the year and one thing to affect you is the payroll tax cut, two percentage points and spoebed to be temporary anyway. >> rick, one of the suggestion
despite what steve might tell you watching fiscal cliff nonsense in washington can make you feel powerless. our next guest is here with the tips on how to make -- take some of you power back. joining us is rick newman, chief business correspondent for "u.s. news & world report" and author of "rebounders." so tell us, what can the average person do to sort of thwart against the realities of the fiscal cliff? >> my first tip is just relax. it's not going to be...
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Dec 27, 2012
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the fiscal cliff is going to impact our business. who knows how much we can spend to increase our business. an expansion may not be possible. the customers are so uncertain how they will spend their money that eating out may be a luxury. it hinders our expansion. this is an american issue. the american people have been on a roller coaster for the past four years. it's time for them to get on stable ground. we believe the m, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. whatever, have helped to contribute to the hopium. here's a big question. does the fha do what it was meant to do, help lower and middle income families achieve their dream of homeownership or does it hurt? fannie mae
the fiscal cliff is going to impact our business. who knows how much we can spend to increase our business. an expansion may not be possible. the customers are so uncertain how they will spend their money that eating out may be a luxury. it hinders our expansion. this is an american issue. the american people have been on a roller coaster for the past four years. it's time for them to get on stable ground. we believe the m, the better you trade. so we have ongoing webinars and interactive...
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Dec 30, 2012
12/12
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one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
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Dec 27, 2012
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cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administ
cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal...
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Dec 27, 2012
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thank you. >>> coming up next, the fiscal cliff. we're close enough now to peek over the edge of that cliff. insiders say buckle up and prepare for the worst. ♪ ooh baby, looks like you need a little help there ♪ ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. wel
thank you. >>> coming up next, the fiscal cliff. we're close enough now to peek over the edge of that cliff. insiders say buckle up and prepare for the worst. ♪ ooh baby, looks like you need a little help there ♪ ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive...
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Dec 8, 2012
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fiscal cliff. as low as that 2% is. the awful state of the world right now is that is about the fastest growth rate of every advance the country on earth. that tells you exactly why the unemployment rate remains high and it comes down, you know, some as we saw in the jobs data today but not that fast. you know, i would say overall it's just moderately good news. >> austin, obviously you are not talking about china when you made that reference. china's economy. what did it grow at 7.2% recent numbers something like that? it's down a little bit. i will take those numbers. >> official numbers are. >> china growing at much faster rate than we are still with its own challenges. >> a whole lot poorer. starting from a whole lot lower base. of all the advanced country which i wouldn't count china's income is about -- >> laura: their economy is about to surpass ours. among the economists that's not debatable right now. that's getting us off to a different topic. let's focus on job growth in the united states. the new jobs number
fiscal cliff. as low as that 2% is. the awful state of the world right now is that is about the fastest growth rate of every advance the country on earth. that tells you exactly why the unemployment rate remains high and it comes down, you know, some as we saw in the jobs data today but not that fast. you know, i would say overall it's just moderately good news. >> austin, obviously you are not talking about china when you made that reference. china's economy. what did it grow at 7.2%...
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Dec 27, 2012
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cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use
cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car...
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Dec 26, 2012
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first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's got to bring in some spending cuts and tax reform, because americans want tax reform and we don't want to hurt the economy, and, look there, are not enough millionaires in the united states to tax them al
first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in...
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Dec 15, 2012
12/12
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>> it is part of the fiscal cliff. the obamacare tax increases kick in next year. whether dividends, investment income why do we want to tax people investing? that is what we want. it is the wrong time to raise taxes on capital gains because that grows the economy. so some of the worst will come about because of obamacare. >> just like the top line revenues with the medical device it is making money right now. >> there is a myth it will come out of executive bonuses. the health care industry will pass the increase and run up the health care cost that is driving up the budget problem. >> the bill coming across the table with the bill for hurricane sandy to go to the victims yet surprisingly are not, $23 million for their tree planting, of $4 million for new cars for the fbi. $2 million for a roof at the smithsonian. do they think we're stupid? >> i was working in the senate to during katrina. it is a wasteful process. we gave the localities a blank check. that is proposed here. but so much of the $60 billion is not spending on individual family is but on another gov
>> it is part of the fiscal cliff. the obamacare tax increases kick in next year. whether dividends, investment income why do we want to tax people investing? that is what we want. it is the wrong time to raise taxes on capital gains because that grows the economy. so some of the worst will come about because of obamacare. >> just like the top line revenues with the medical device it is making money right now. >> there is a myth it will come out of executive bonuses. the...
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Dec 14, 2012
12/12
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why aren't the market's reacting to the fiscal cliff next. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional invesrs choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible lo of principal. tracy: what is up with the market? with the threat of another recession you think the market would be in the toilet. we have the chief investment strategist with us. all the indices up over 4%? >> the market is realizing in january 1st is a false deadline not lake yankee's. we know that will not happen. but it seems like we will get a solution or a range from the grand bargain or kicking the can down the road. i think this this gold cliff is priced appropriately. tracy: before you said if we take a step back the companies have never been strong
why aren't the market's reacting to the fiscal cliff next. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional invesrs choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible lo of...
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Dec 16, 2012
12/12
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it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from thecato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfounately, many of the tax increases, if we don't do something about taxes, i think it makes it harder to go back and extend any of the tax cuts next year. so we might find ourselves in the worst of both worlds. i still give it about a 5050 chance that tey come up with some sort of deal. but if they do, it won't be until christmas eve. tracy: for new year's eve at our? >> yes. tracy: most likely the deal will be extend middle-class tax cuts, wait until next year on the wealthy to discuss, basically we on everything until next year. when you do that, you know, you give up part of your bargaining power. should we come back in january and see a tax cut for the wealthy? >> re
it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from thecato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfounately, many of the tax increases, if we don't do something about taxes, i...
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Dec 26, 2012
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aloha, hawaii, and ma halo, president obama heading back, off the fiscal cliff. will it happen? >> rick: deadly winter storm unleashing snow and rare tornadoes across parts of the country. now thousands are cleaning up and holiday travelers are stuck. i'm tracking where the storm is heading next. >> clayton: want to go to president obama's inauguration next month? why it will be easier than last time, a lot easier than last time. "fox & friends" hour two starts right now. >> gretchen: good morning, everybody. i'm gretchen carlson with clayton and rick. great to be back with you. >> clayton: did you have a good christmas? >> gretchen: i did. >> clayton: is it going to be a excite one toward the end of the year? all of these people trying to leave the in-laws house. >> rick: we learned the other day that gretchen loves her in-laws. >> gretchen: exactly, because there was a study and the mother-in-law takes the hit. >> rick: there must be a few people who say i can only handle three days of her. i can't go home -- >> gretchen: are you going to help them out. >> rick: you might have
aloha, hawaii, and ma halo, president obama heading back, off the fiscal cliff. will it happen? >> rick: deadly winter storm unleashing snow and rare tornadoes across parts of the country. now thousands are cleaning up and holiday travelers are stuck. i'm tracking where the storm is heading next. >> clayton: want to go to president obama's inauguration next month? why it will be easier than last time, a lot easier than last time. "fox & friends" hour two starts right...
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Dec 17, 2012
12/12
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why aren't the market's reacting to the fiscal cliff next. tracy: what is up with the market? with the threat of another recession you think the rket would be in the toilet. we have the chief investment strategist with us. all the indices up over 4%? >> the market is realizing in january 1st is a false deadline not lake yankee's. we know that will not happen. but it seems like we will get a solution or a range from the grand bargain or kicking the can down the road. i think this this gold cliff is priced appropriately. tracy: before you said if we take a step back the companies have never been stronger. >> you grew up in the business with stocks. with this terrible sentiment is great for stocks technically speaking the s&p looks good earnings estimates so by editor measures stocks are great. tracy: i worried about the earnings season? >> and seems 1/3 quarter will be the trough. not gain busters but we thought four 5% but then next year could be double digits. >> what is that? they cannot fall further? [laughter] >> i stay away from the money-center banks with balance sheet pr
why aren't the market's reacting to the fiscal cliff next. tracy: what is up with the market? with the threat of another recession you think the rket would be in the toilet. we have the chief investment strategist with us. all the indices up over 4%? >> the market is realizing in january 1st is a false deadline not lake yankee's. we know that will not happen. but it seems like we will get a solution or a range from the grand bargain or kicking the can down the road. i think this this gold...
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Dec 27, 2012
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about the deal regarding the fiscal cliff. and consumers on everything from cell phones to tablets could become vulnerable to cyber-crime. mcafee has released its 2013 predictions report and expect to see a rapid level of cyber-threats in the coming year. michele is the privacy officer of mcafee. good morning. >> good morning to you. >> strikes me as we all go mobile, talk about opening a new doorway for thieves and criminals to enter, what does that mean for threats in the new year? >> it's really interesting. mobile is one of the places we're seeing a lot of new attacks. there's a couple deficit vectors for the attacks. the bump and steal attack. nfc, how you do mobile wallet. crooks are able to walk through crowds and literally bump into your phone and steal information from your phone. that's one of the attacks. the other thing is your telephone has turned into a powerful computing device and like you protect your pc and other devices, you need to think about protection on the phone itself from traditional hacking exploits
about the deal regarding the fiscal cliff. and consumers on everything from cell phones to tablets could become vulnerable to cyber-crime. mcafee has released its 2013 predictions report and expect to see a rapid level of cyber-threats in the coming year. michele is the privacy officer of mcafee. good morning. >> good morning to you. >> strikes me as we all go mobile, talk about opening a new doorway for thieves and criminals to enter, what does that mean for threats in the new...
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Dec 24, 2012
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. >>> from fiscal cliff to crime and punishment, we'll show you our top ten stories of 2012 next. >>> you know me as carl. hey, mom. stationed in germany. shoutout to all my family in trentth, new jers trenton, new jersey. i miss you all, i love you all. if you missed it, it's your fault. i did my part. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> here is the mug shot after crapo's arrest in a washington, d.c. suburb. he's a mormon and supposedly doesn't drink alcohol, but
. >>> from fiscal cliff to crime and punishment, we'll show you our top ten stories of 2012 next. >>> you know me as carl. hey, mom. stationed in germany. shoutout to all my family in trentth, new jers trenton, new jersey. i miss you all, i love you all. if you missed it, it's your fault. i did my part. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more...
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Dec 26, 2012
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crosses the fiscal cliff. joining us now on set, eric dinallo e, the former new york state insurance superintendent. you have lots of deficit perspectives on this, perhaps from the insurance sort of angle. you were saying during the commercial break, you have a political view on this as well. >> i'm now convinced, this is very very cynical. it's easier for politicians who signed up on that pledge, they can go to their voters and say i didn't vote for a tax increase, i voted for a tax increase. if they go in over the cliff, it comes in automatically. >> the public is that dumb in 2014 people running campaign commercials? >> the headlines are simple, did not vote for a tax hike, tax increase and people couldn't get their house in order and that's the story and how simple sometimes politics are what you can say with a straight face versus not. >> you were here three or four weeks ago talking about insurance implications for insurance companies. and where we are now, insurance companies, will this change their bus
crosses the fiscal cliff. joining us now on set, eric dinallo e, the former new york state insurance superintendent. you have lots of deficit perspectives on this, perhaps from the insurance sort of angle. you were saying during the commercial break, you have a political view on this as well. >> i'm now convinced, this is very very cynical. it's easier for politicians who signed up on that pledge, they can go to their voters and say i didn't vote for a tax increase, i voted for a tax...
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Dec 27, 2012
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, we are just five days away now from going over the fiscal cliff. happy new year. here's what you might have missed. president barack obama has left hawaii. he left last night, arriving in d.c. early this morning. the senate is also coming back from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is
, we are just five days away now from going over the fiscal cliff. happy new year. here's what you might have missed. president barack obama has left hawaii. he left last night, arriving in d.c. early this morning. the senate is also coming back from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per...
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Dec 27, 2012
12/12
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it's a message to urge lawmakers to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in the age of impressive home theaters. >>> meanwhile, when we come back, travelers weren't the only ones fed up with holiday deals. what an angry pilot had to say to his passengers about the matter. >>> also, proof that you do not have to be a kid to get excited over your christmas present. you really have to stay tuned for this. the family behind this viral video is sharing their joy. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew
it's a message to urge lawmakers to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in...
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Dec 28, 2012
12/12
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that would not happen if the fiscal cliff comes. they wouldn't be able to keep up with the workload. and there would be unexpected higher taxes for most americans because remember, that's another part of the equation. so many different groups could be hit in many different ways at many times. but the bottom line is if these negotiations continue to stall and don't come through and the cliff comes, people will, indeed, feel it all over this country. >>> u.s. army general whose temper earned him the name stormin' norman has died. general norman schwarzkopf was one of the most celebrated military leaders in the post-vietnam era. he led coalition forces pushing iraq out of kuwait in 1991's "operation desert storm." the retired general died yesterday in tampa, florida, at age 78. >>> former president george h.w. bush released this statement. he says, "general schwarzkopf epitomized the duty, service, country creed that has defended our freedom and seen this great nation through our most trying international crises." >>> a spokesman for f
that would not happen if the fiscal cliff comes. they wouldn't be able to keep up with the workload. and there would be unexpected higher taxes for most americans because remember, that's another part of the equation. so many different groups could be hit in many different ways at many times. but the bottom line is if these negotiations continue to stall and don't come through and the cliff comes, people will, indeed, feel it all over this country. >>> u.s. army general whose temper...
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Dec 21, 2012
12/12
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KPIX
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let's start with the fiscal cliff looming. >> most of what the fiscal cliff is going to impact is taxes starting next year in 2013 and beyond, but there are portions of it that could impact taxpayer this year. about 30 million taxpayers could see their taxes increase this year. 100 million of them according to the irs, could see their refunds delayed. and this is because of something known as the alternative minimum tax. that's the amt. usually they increase that amount, adjust it for inflation. they haven't done it yet. it's all wrapped up in this fiscal cliff debate. if you're somebody make 45g$,000, you could see your taxes go up as much as $4,000 this year if they don't address the issue. >> i was just going to ask you. who would be affected? >> people people. >> all sorts of people. number of tax credits expiring this year? >> yes. and one in particular is an important one. the american tax opportunity credit. this is a credit for people who have taken on tuition and it will help reimburse or refund about a thousand dollars for most taxpayers. it's a $2,500 tuition credit if you're
let's start with the fiscal cliff looming. >> most of what the fiscal cliff is going to impact is taxes starting next year in 2013 and beyond, but there are portions of it that could impact taxpayer this year. about 30 million taxpayers could see their taxes increase this year. 100 million of them according to the irs, could see their refunds delayed. and this is because of something known as the alternative minimum tax. that's the amt. usually they increase that amount, adjust it for...
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Dec 28, 2012
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cliff in the next few days. this won't end the discussion, but it should launch us into the next steps. can they hash out the basic form of an agreement, a scaled down agreement. if they reach that threshold, can the senators assure each other that they have the time to get this done and no senator will filibuster it? if that's the case, they bring it to a vote tomorrow, and/or sunday and does the house agree to bring it to a vote on the floor of the house. those are a lot of ifs and we have until just monday night to get it all done. >> you'll be standing by, watching it all with every single detail. thank you, jessica yellin. now to lisa desjardins, live on capitol hill for us. so, lisa, just caught you talking with senator ben nelson of nebraska. here's what he said. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? looks like we'll be going over the cliff. because the closer we get to the end, the less likely it is you're going to be able to compress an agreem
cliff in the next few days. this won't end the discussion, but it should launch us into the next steps. can they hash out the basic form of an agreement, a scaled down agreement. if they reach that threshold, can the senators assure each other that they have the time to get this done and no senator will filibuster it? if that's the case, they bring it to a vote tomorrow, and/or sunday and does the house agree to bring it to a vote on the floor of the house. those are a lot of ifs and we have...
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Dec 28, 2012
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cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house has already passed to extend all rates and either take it up in whole or amend it. amending it, and changing that threshold down to closer to what president obama wants. a quarter million as a threshold. that seems more likely. we'll watch this meeting. we don't know what will happen, that's the truth much and we'll watch to see what will come out of it. does it seem like perhaps there is a spirit of compromise? or do they come out very far apart. an indication that it will be read as an indication we may go over t
cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house...
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Dec 11, 2012
12/12
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while we're talking to her about the fiscal cliff she gets an e-mail. >> yeah! my first review. okay, great. whoa, okay, that was good news. >> reporter: a third interview for a sales job. if washington can't do t maybe this job will pull her back from the cliff. >> oh, my god, i'm excited right now. >> reporter: kyung lah, cnn, los angel angeles. >>> a record find for one of the world's largest banks, what it's accused of doing with drug cartels and terror groups, coming up. you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could al
while we're talking to her about the fiscal cliff she gets an e-mail. >> yeah! my first review. okay, great. whoa, okay, that was good news. >> reporter: a third interview for a sales job. if washington can't do t maybe this job will pull her back from the cliff. >> oh, my god, i'm excited right now. >> reporter: kyung lah, cnn, los angel angeles. >>> a record find for one of the world's largest banks, what it's accused of doing with drug cartels and terror...
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Dec 11, 2012
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they were scolded by the state house speaker for pressuring lansing instead of dealing with the fiscal cliff. >> gretchen: wendell goler, thanks very much. >> steve: let's switch down to our nation's capitol and at the bureau, you can see -- >> you guys, doocy and everybody that -- you guys look like you should break out into "i'll be home for christmas" with that set. i mean, boling, come on, you got to chime in. this is unbelievable! ♪ the most wonderful time of the year ♪ ♪ . >> andy williams is rolling over in his grave right now. >> eric: i wore my christmas tie especially for you. >> you look incredible, honestly. michael buble was on last night, forget about him. you need to do the chiming in of the christmas song. >> gretchen: thank you for noticing our beautiful decorations. >> it takes staff, you have staffers who actually order that and put -- i mean, people don't realize -- >> gretchen: actually i have zero people, some people do, but i don't. but no, i can't take responsibility for any of these. >> gretchen, one thing, i think they really were not very nice to you in
they were scolded by the state house speaker for pressuring lansing instead of dealing with the fiscal cliff. >> gretchen: wendell goler, thanks very much. >> steve: let's switch down to our nation's capitol and at the bureau, you can see -- >> you guys, doocy and everybody that -- you guys look like you should break out into "i'll be home for christmas" with that set. i mean, boling, come on, you got to chime in. this is unbelievable! ♪ the most wonderful time of...
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Dec 28, 2012
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the only way to fix that is go over the fiscal cliff 'cause clearly democrats don't want to cut spending. they'll have to be forced into that and the only way that happens is hit the sequestration, the things that the fiscal cliff will bring of the that's why. i'll take the medicine, the pain now for a healthier economy going forward. >> kelly: there are a lot of economists who agree because they're saying if we go through this, it will be pain for everybody, 2,000, $4,000 added to our tax for the next year or so. and potentially, after that we will rebound and all those automatic spending cuts will go into effect. >> juliet: we've been following this drama involving hobby lobby. the company plans to defy a federal mandate that came out. it required it to offer the morning after pill. and hobby lobby, the owners of the company say, but they don't want to do that. it defies what they believe. they're going to be defying this order. they're going to risk fines of up to $1.3 million per day because they said on principle, we can not do this. >> kelly: here is the reason why. they're a faith
the only way to fix that is go over the fiscal cliff 'cause clearly democrats don't want to cut spending. they'll have to be forced into that and the only way that happens is hit the sequestration, the things that the fiscal cliff will bring of the that's why. i'll take the medicine, the pain now for a healthier economy going forward. >> kelly: there are a lot of economists who agree because they're saying if we go through this, it will be pain for everybody, 2,000, $4,000 added to our...
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Dec 9, 2012
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people about the looming fiscal cliff. all described themselves as democrats, yet check out their answers to some of the biggest questions on capitol hill. >> what about the idea of closing loopholes in the tax system? >> i think that's a good idea. >> i think it's a good thing. >> i think that's super important. >> the whole household makes $250,000. should they be taxed like the rich? >> no. >> that's not super wealthy? >> no. >> what about the debt ceiling. >> a poor decision. >> that's not solving a problem. >> steven. they say they're democrats, they sound like republicans. what's happening? >> this shows us that -- well, something we've known a while. if people voted what they believe and live, they would be more conservative but there's a stigma attached to been a republican. that's because of the administration, leftists, including the mainstream media and the is entertainment industry who are perpetuating stereotypes and lies and republicans are terrible at messaging. you see in that video, what about taxing the w
people about the looming fiscal cliff. all described themselves as democrats, yet check out their answers to some of the biggest questions on capitol hill. >> what about the idea of closing loopholes in the tax system? >> i think that's a good idea. >> i think it's a good thing. >> i think that's super important. >> the whole household makes $250,000. should they be taxed like the rich? >> no. >> that's not super wealthy? >> no. >> what...
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Dec 15, 2012
12/12
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but the fiscal cliff looms on even the best. "mad money" will be right back. >>> coming up, another dimension? it's one of the most talked about new trends. and tonight cramer's taking a hard look at 3-d printing. it's a face-off of the industry's two top stocks. and jim's finding out which one could turn into your personal printing press. >>> and later -- rotten apple? the crown jewel of tech has fallen like a rock. over 150 points in the past three months. but has the glow around the beloved electronics maker faded forever, or is now the time to take a bite? get cramer's take. >>> plus, beating the buzz. >> the fiscal cliff, of course, is a complete made-up -- >> the drone of d.c. is deafening as politicians posture ahead of the fiscal cliff. but don't let washington worries keep you out of the game. cramer's got a spec play that could connect you to solid returns. get the 411 just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer. #madtweet
but the fiscal cliff looms on even the best. "mad money" will be right back. >>> coming up, another dimension? it's one of the most talked about new trends. and tonight cramer's taking a hard look at 3-d printing. it's a face-off of the industry's two top stocks. and jim's finding out which one could turn into your personal printing press. >>> and later -- rotten apple? the crown jewel of tech has fallen like a rock. over 150 points in the past three months. but has...
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Dec 30, 2012
12/12
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we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no sn
we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet:...
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Dec 10, 2012
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coming up next. >>> president obama, john boehner, if they reach a deal on the fiscal cliff, maybe it has nothing to do with politics. according to "snl," the president feels really, really bad for the speaker. a clip of that, pretty funny. straight ahead. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit car
coming up next. >>> president obama, john boehner, if they reach a deal on the fiscal cliff, maybe it has nothing to do with politics. according to "snl," the president feels really, really bad for the speaker. a clip of that, pretty funny. straight ahead. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ]...
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Dec 4, 2012
12/12
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we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... a
we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the...
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Dec 14, 2012
12/12
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meanwhile, straight ahead, you thought the talks on the fiscal cliff were brutal? take a look at this. lawmakers throwing fists. where this happened, we'll tell you coming up next. then something that doesn't happen too often, a movie that the whole family could see together. your guide to the best christmas moves, next hour. >> grandpa tells lots of jokes that you won't get. just laugh. >> hello, boys. still single? [ laughter ] this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. >> brian: quick headlines. new details about the man who opened fire inside a crowded mall in oregon. jacob roberts' roommate said he had a weird look on his face when he left the house that day. roberts shot and killed two people inside the mall before turning the gun on himself. the mall set to reopen a little bit later this morning. >>> could jenny rivera have avoided death? it turns out she made a last minute decision to take that dea
meanwhile, straight ahead, you thought the talks on the fiscal cliff were brutal? take a look at this. lawmakers throwing fists. where this happened, we'll tell you coming up next. then something that doesn't happen too often, a movie that the whole family could see together. your guide to the best christmas moves, next hour. >> grandpa tells lots of jokes that you won't get. just laugh. >> hello, boys. still single? [ laughter ] this holiday, share everything. share "not even...
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Dec 2, 2012
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. >>> a top conservative says let's just go over that fiscal cliff. he explains why next. bnot break consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. [ male announcer ] polident. trying to find a better job can likbe frustrat
. >>> a top conservative says let's just go over that fiscal cliff. he explains why next. bnot break consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the...
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Dec 21, 2012
12/12
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CSPAN
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we will continue the conversation on the fiscal cliff and sequestration, what happens next? your calls and comments to paul broun and later rick larson as "washington journal." live coverage at 10:30 for the funeral services taking place here at the national cathedral. that is to pay tribute to senator daniel inouye. he has been in congress for more than 50 years. the president and vice president will pay tribute today at the washington national could trip -- cathedral. [video clip] >> he always had the moral courage to do the right thing. he had a compass that always directed him to his true north. a resolve to do a truly extraordinary things, things that few women or men ever contemplate or consider doing that. we all know on 1945, i had the privilege of being with him. we stopped with bob dole as well. they were on a mountain top, literally as the crow flies, i think it was only two miles on the same day, both mortally wounded in fighting for their country. just above the bridges above custody. because of danny's sense of honor, that is the only thin i can ascribe it to.
we will continue the conversation on the fiscal cliff and sequestration, what happens next? your calls and comments to paul broun and later rick larson as "washington journal." live coverage at 10:30 for the funeral services taking place here at the national cathedral. that is to pay tribute to senator daniel inouye. he has been in congress for more than 50 years. the president and vice president will pay tribute today at the washington national could trip -- cathedral. [video clip]...
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Dec 25, 2012
12/12
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washington has just less than a week to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and tv. jack klugman was 90 years old. >>> well, it could be a christmas of extreme weather for much of the u.s. a major storm is developing and gaining strength in the south. and it could lead to tornado outbreak. there are also warnings of hail, high winds, and heavy rain across the region. stay with cnn for the very latest on the threat of this dangerous weather. and on a much more cheerful note, here comes santa and his reindeer. norad is watching the jolly fellow, as is the tradition since 1955, tracking st. nick as he delivers all of those presents to kids around the world. i'm isha sesay in atlanta with a
washington has just less than a week to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and...
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Dec 4, 2012
12/12
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we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. but i'm still stubbed up
we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf....
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Dec 21, 2012
12/12
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what happens next with the fiscal cliff and next for speaker boehner if he can't rally his own party for his leadership position and ability to negotiate? >> let's start with that. a lot of answers to that will lie in what happens next with regard to any kin of big deal. as we approach december 1st, just around the corner. will there be a deal that is kind of done outside of him? maybe with the republican leader in the senate? and -- so he can step back and let things happen? something comes to the house, a majority of democrats could vote for it, and maybe enough republicans to get it over the top? even that could hurt his leadership. it's an open question. surprising given the fact that he has had a very, very difficult time. leading a very fractious caucus, particularly in 2010. a lot of people elected who simply came for one reason and one reason only, to cut spending, didn't care about getting re-elected, didn't care about following leadership, and he knows how to legislate, know where is the votes are, and miscalculated this. a big question mark. where do we go from here? he'll
what happens next with the fiscal cliff and next for speaker boehner if he can't rally his own party for his leadership position and ability to negotiate? >> let's start with that. a lot of answers to that will lie in what happens next with regard to any kin of big deal. as we approach december 1st, just around the corner. will there be a deal that is kind of done outside of him? maybe with the republican leader in the senate? and -- so he can step back and let things happen? something...
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Dec 29, 2012
12/12
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it's not going to be on popularity over the next few weeks if we go over the fiscal cliff and he ends up making cuts and so forth. what is going to happen is ultimately if this is is a success or a failure, it's his legacy that's going to tell the story that doesn't come down for republican's back against the walls this mess that krauthammer pointed out. what the republicans are doing mess in the house putting up this plan b and may get less than plan b they couldn't get a vote on plan b. senator corker thinks this whole thing he mentioned last night on greta is really too much spending keeping the spending and getting the tax increases, listen. >> it's a shame in this nation where every developed country in the world knows that our greatest threat is our fiscal solvency that you would have to have leverage points. you would think people would sit down and solve the problem because we know it is our greatest threat. that's not the case here. we have a president who has not laid out a plan. he is obviously a spendaholic. time quickly running out for a deal washington will be working al
it's not going to be on popularity over the next few weeks if we go over the fiscal cliff and he ends up making cuts and so forth. what is going to happen is ultimately if this is is a success or a failure, it's his legacy that's going to tell the story that doesn't come down for republican's back against the walls this mess that krauthammer pointed out. what the republicans are doing mess in the house putting up this plan b and may get less than plan b they couldn't get a vote on plan b....
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Dec 27, 2012
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also dragging down sales was uncertainty about the so-called fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it, consumers could see higher taxes eating into their paychecks. even online sales suffered. compared to past years of double-digit growth, this year, online holiday sales rose only about 8%, compared to nearly 16% last year. overall, holiday spending accounts for up to 30% of retailers' annual sales, so the disappointing season is a concern for an economy struggling to recover. >> consumers need to have more confidence. consumers need to feel that their jobs are secure. it's not an ideal situation. it's more of a conservative, cautious time. and companies are managing carefully, consumers are spending carefully. >> reporter: retailers are now hoping to lure consumers with deep discounts of 75% to 80% off in some cases as they try to salvage profits from this lackluster holiday shopping season. jim. >> axelrod: so, elaine, this is the first set of holiday shopping numbers that we've seen. any chance that they'll b
also dragging down sales was uncertainty about the so-called fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it, consumers could see higher taxes eating into their paychecks. even online sales suffered. compared to past years of double-digit growth, this year, online holiday sales rose only about 8%, compared to nearly 16% last year. overall, holiday spending accounts for up to 30% of retailers' annual sales, so the disappointing...
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Dec 26, 2012
12/12
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cliff talks next week. >> time now to entertain this. it is official jessica simpson expecting another baby. the 32-year-old celebrity tweet add photo of her daughter sitting in front of a sign drawn in the sandwich says big sis. cute little girl isn't she? the announcement comes 7 months after giving birth to that little girl her first child. it has been a good year for hollywood 2012 marched through the industry's highest year on record for 1 billion in ticket sales. is rock and roll hazardous to your health? it might be. you to those playing it. researches in inge lantd studying more than 1500 musicians famous between 1956 and 2006. they found 137 of nthem or 9.2 percent of them were dead. that is a higher mortality rate than those in the general population. >> time to look at the sports stories new season but same results. lebr lebron james and the heat. suddenly the lashgs can't lose. 194 for the fourth straight win. they are back for 500 for the season. kobe bryant a record for the 16th christmas day game. heartwarming video of an
cliff talks next week. >> time now to entertain this. it is official jessica simpson expecting another baby. the 32-year-old celebrity tweet add photo of her daughter sitting in front of a sign drawn in the sandwich says big sis. cute little girl isn't she? the announcement comes 7 months after giving birth to that little girl her first child. it has been a good year for hollywood 2012 marched through the industry's highest year on record for 1 billion in ticket sales. is rock and roll...
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Nov 15, 2012
11/12
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topic, the looming fiscal cliff where tax hikes and spending cuts kick in in the beginning of the year unless congress strikes a deal. >> i'm open to compromise and new ideas. >> we should not hold the middle class hostage while we debate tax cuts for the wealthy. >> reporter: the tone from capitol hill is mixed. >> the elections are over with, and this is an opportunity for us to turn the page. that means to the president of the united states has got to lead. >> reporter: mr. obama maintained his ideas for tackling budget problems are what earned him another term. >> i think every voter out there understood that that was an important debate. and the majority of voters agreed with me. >>> and david petraeus will testify on the terrorist attacks on the u.s. consulate in libya. am four people were killed. there had been some question about whether he would testify after he resigned friday. senator diane feinstein says he could appear before the senate intelligence committee as early as friday. >>> we're learning that the fbi agent responsible for triggering this whole investigation into
topic, the looming fiscal cliff where tax hikes and spending cuts kick in in the beginning of the year unless congress strikes a deal. >> i'm open to compromise and new ideas. >> we should not hold the middle class hostage while we debate tax cuts for the wealthy. >> reporter: the tone from capitol hill is mixed. >> the elections are over with, and this is an opportunity for us to turn the page. that means to the president of the united states has got to lead. >>...